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Genesus, a pig genetics company, reports that Chinese processors are shifting attention toward meat quality, with COFCO launching a Duroc pork line in October. The report notes feed represents about 57% of the cost of raising a pig in China, and that Chinese feed costs run as much as 75% above North American levels.
Higher feed costs and a push toward better performance could shift hog production efficiency in China over time. The article is mainly company commentary with limited immediate price impact.
thepigsite.comGlobal Ag MediaOct 16, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
